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Submitted URL:
http://bitcoinexchangemarket.org/
Effective URL:
https://wn.com/Bitcoin_exchange_market?from=bitcoinexchangemarket.org
Submission: On January 28 via api (January 28th 2024, 11:00:23 am UTC) from US — Scanned from SG

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Text Content

* BTC -2.12 % $ 9379.51121871
* LTC -1.62 % $ 68.6382381813
* ETH -0.48 % $ 181.975638826
* VERI 0.00 % $ 18.45
* EOS -0.25 % $ 4.206085936

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Sunday, 28 January 2024
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Bitcoin Exchange Market

* Exchange (organized market)

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EXCHANGE (ORGANIZED MARKET)

An exchange, or bourse /bʊərs/, is a highly organized market where (especially)
tradable securities, commodities, foreign exchange, futures, and options
contracts are sold and bought.

HISTORY

The term bourse is derived from the 13th-century inn named Huis ter Beurze in
Bruges, Belgium, where traders and foreign merchants from across Europe
conducted business in the late medieval period. The building, which was
established by Robert van der Buerze as a hostelry, had operated from 1285. Its
managers became famous for offering judicious financial advice to the traders
and merchants who frequented the building. This service became known as the
"Beurze Purse" which is the basis of bourse, meaning an organised place of
exchange. Eventually the building became solely a place for trading in
commodities.

During the 18th century, the façade of the Huis ter Beurze was rebuilt with a
wide frontage of pilasters. However, in 1947 it was restored to its original
medieval appearance.

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